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Old 11.01.2007
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Chrysler planning to eliminate 12,000 jobs

Chrysler planning to eliminate 12,000 jobs
11/1/07
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Chrysler LLC today, Nov. 1, announced plans to cut 8,500 to 10,000 hourly jobs through 2008 and reduce salaried employment by about 2,100, reducing its work force by as much as 15 percent to cut costs and match slower demand for some of its vehicles. The automaker also said it will eliminate shifts at five North American assembly plants and cut four products from its lineup.

The new round of cuts comes in addition to 13,000 layoffs Chrysler announced in February as part of a massive restructuring. Chrysler officials, who attributed the latest cuts to falling overall demand in the U.S. market, said it expects sluggish sales to continue in 2008.

Chrysler became a private company in August when Daimler AG sold 80.1 percent of the automaker to private equity firm Cerberus Capital Management. "The market situation has changed dramatically in the eight months since Chrysler established the recovery and transformation plan as its blueprint," said Bob Nardelli, chairman and chief executive officer.
http://www.etrucker.com/apps/news/article.asp?id=64330
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Old 11.01.2007
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Unhappy Sorry..

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Originally Posted by Cybergal View Post
Chrysler planning to eliminate 12,000 jobs
11/1/07

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The problem is right there in the text---LOL, I'm sure you caught it!

So, looks like you might not get that Chrysler (Model ??) that you like, Gal...

Maybe not! Heard they were doing away with: Pacifica, Dodge Magnum, and PT Cruiser convertable, and 1 more(?)

Last edited by jamwadmag; 11.01.2007 at 02.23 PM.
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Old 11.03.2007
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The Crossfire, IIRC.

Looks like I need to get an order in for a new Magnum soon, then.
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Old 11.04.2007
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magnums

there are a couple of hundred large chryslers sitting with 2" of dust on them at the depot near our terminal in buffalo ny.

sales must be slowing down - when the new 300 and mag came out they stock yard was near empty - now it is packed and dusty.
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